Mr. Kieran Mulvey:

I want to be clear that Sport Ireland has no resistance to conducting a forensic audit. It is a moving game - so to speak - and we do have to clarify and be clear on what will be the terms of reference for the Mazars report, what it is to investigate and how it intends to conduct that investigation. It involves the Companies Act, it may involve an existing person in respect of whom certain matters may arise, and legal advice to the FAI is clouding some of these issues and therefore it is not clear and I have to be careful regarding that. I have enough knowledge of employment law to know we need to be careful on that.

There are a few parallel processes, one of which is the Grant Thornton work. We believe this exercise can be completed very quickly because it relates to internal oversight and the €100,000. Mazars will go into more detailed issues - as we understand - that have arisen recently in the media around certain transactional arrangements and third party arrangements. That work will also be going on. It is Sport Ireland's view that there is no point in us duplicating what is being done. We will oversee and conduct oversight. If that includes a forensic audit then it will be done. At the moment my concern is who is auditing the auditors?